Bitcoin Can’t Fail Since It’s Not ‘A Protective Hedge’, Industry Veteran Argues

Bitcoin (CRYPTO: BTC) isn’t failing as a hedge — it was never meant to be one, argues industry veteran Samson Mow, who says the market still misunderstands what Bitcoin actually is.

What Happened: Mow explained that Bitcoin’s current fiat-denominated price looks irrational only because the world continues to treat BTC like a tech stock or a risk asset.

Even above $110,000, Bitcoin was only modestly outpacing inflation, and at current levels he believes …

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